Florida Gas Transmission Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 09/01/2006, Docket: RP06-463-000, Status: Effective

Original Sheet No. 255 Original Sheet No. 255 : Effective

 

GENERAL TERMS AND CONDITIONS

(continued)

 

(b) The amount due Transporter for Receipt Imbalances and NNTS

Imbalances shall be the imbalance quantity multiplied by the product

of the corresponding imbalance level factor multiplied by the Sales

Posted Price for imbalance due Transporter.

 

(c) The amount due Transporter for Delivery Imbalances shall be the sum

of:

 

(1) the imbalance quantity multiplied by the product of the

corresponding imbalance level factor multiplied by the Sales

Posted Price for the month; plus

 

(2) for Market Area deliveries, the imbalance quantity

multiplied by the weighted average of the maximum rates,

plus applicable surcharges, of Rate Schedules FTS-1, FTS-2,

and SFTS scheduled at the delivery points covered by the

Operating Account Agreement, other than quantities

determined as NNTS Service in Section 13.; or

 

(3) for Western Division deliveries, the imbalance quantity

multiplied by the weighted average of the maximum rates,

plus applicable surcharges, of Rate Schedules FTS-1, FTS-WD

and FTS-2 scheduled at the delivery point, other than

quantities determined as NNTS Service in Section 13.

 

2. Imbalance Due Imbalance Party

 

In the event of a Delivery or NNTS Imbalance when actual deliveries are

less than scheduled quantities or a Receipt Imbalance when actual receipts

exceed scheduled quantities, Transporter will pay the Imbalance Party for

such excess receipts or deficiency of deliveries.

 

(a) Such payments will be based on the Purchase Posted Price for the

month multiplied by one of the following factors:

 

Imbalance Level Factor

0% - 5% 1.00

Greater than 5% - 20% 0.90

Greater than 20% 0.80

 

Imbalance Level shall be calculated by dividing the imbalance

quantity by the sum of the total quantities scheduled for delivery

or receipt.